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Hydrogen Project

Germany Is the Site of the World’s Largest Green Hydrogen Project

Fortescue Future Industries and Tree Energy Solutions have agreed to develop the world’s largest green hydrogen integrated project "to help Europe mitigate its…

Natural Gas

German Government May Have to Inject Another $39 Billion in Energy Giant Uniper

The German government may have to pour another up to $39 billion (40 billion euros) in saving the country’s largest natural gas importer, Uniper.

Natural Gas

Hungary Will Not Agree to EU Gas Price Cap, Will Need Exemption

Hungary will not agree to an EU price cap on imported gas because it would end Russian deliveries, a senior aide to Prime Minister Viktor Orban said, adding tha…

Oil&Gas Drilling

Liz Truss Resigns, Becomes the Shortest Serving Prime Minister in History

New UK PM Liz Truss, the former oil economist for Shell, tendered her resignation on Thursday, just days after putting forward a budget that wreaked havoc in th…

Oil Field

Baker Hughes Sees Bright 2023 for U.S. Oil

Baker Hughes Co. reported third-quarter results and posted a loss, compared with a profit last year.

European Renewable PPA Prices up 51% In Third Quarter

Solar PPA prices rose almost twice as much as wind prices, new report suggests.

Coal Price

Whitehaven Coal Output Slumps 23% As Floods Sweep New South Wales

Whitehaven Coal said on Wednesday its first-quarter production dropped by almost a fourth as severe floods in New South Wales locked it out of its key Maules Cr…

Oilfield Services Giants Are Primed to Post Very Strong Earnings

The biggest oilfield services providers are expected to report this week and analysts expect a strong set of results for the third quarter. In fact, expectation…

Solar Power Plant

A Quarter of Europe’s Solar and Battery Manufacturing Capacity Is at Risk

Soaring energy prices are threatening Europe’s renewable supply chain.

Oil Field

Norway’s Equinor Considers Buying Chinese North Sea Oilfields

Reuters reported on Monday that Norway's Equinor ASA is considering buying oilfields in the British North Sea from China's CNOOC Ltd.

Natural Gas

France Sends Germany Natural Gas to Ease Its Energy Crisis

On Thursday, France started sending natural gas directly to Germany in an attempt to alleviate the energy crisis in Europe’s biggest economy.

Spain

Spain to Pull out of Treaty Protecting Energy Investments

Spain has started the process of withdrawing from the Energy Charter Treaty, a European treaty protecting energy investments.

Australia

EU Crisis Opens Opportunity for Australian Green Energy Exports -Fortescue

The energy crisis in Europe presents a huge opportunity for Australia to export more green energy, the chief financial officer at Fortescue Future Industries (F…

United States

U.S. Oil Patch M&A in Q3 Tops $16 Bln, the Most This Year

Mergers and acquisitions in the U.S. oil patch accelerated to $16 billion in the third quarter, the most this year, although the nine-month total trails the yea…

Microgrid

Mapping Europe’s Microgrids to Ensure Effective Regulation

University of Groningen doctoral researcher Jamie Behrendt has started mapping existing and developing microgrids across Europe.